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JPY Daily News
JPY Declines as Prime Minister Resigns
Wednesday, 2 Jun 2010
The Yen fell against all of its major counterparts in Asian trading today after Prime Minister Yukio Hatoyama announced his resignation. The political uncertainty reduced the Yen's safe heaven appeal. Meanwhile, The New Zealand Dollar gained on expectations its central bank will increase the benchmark rate from a record low this month.
The Yen slid to 91.60 per Dollar from 90.94 yesterday in New York. The Japanese currency fell to 112.25 per EUR from 111.22 yesterday. The kiwi rose 0.4 % to 67.94 U.S. cents. The Australian Dollar rose to 83.73 U.S. cents after falling in early trading Tuesday as the central bank kept interest rates unchanged.
Current Time: 05/27 02:44 GMT
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Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 06/02 | ||||||||
| 00:50 | JPY |  Capital Spending | -17.3% | -9.5% | -11.5% |  | ||
